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US mulls blacklisting CXMT to curb China’s chip advance, Bloomberg News says By Reuters

ReutersBy ReutersMarch 10, 2024Updated:March 10, 2024No Comments2 Mins Read

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US mulls blacklisting CXMT to curb China's chip advance, Bloomberg News says
© Reuters. Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, on this illustration image taken February 17, 2023. REUTERS/Florence Lo/Illustration

(Reuters) -America is weighing sanctions on a number of Chinese language tech firms, together with chipmaker ChangXin Reminiscence Applied sciences, in a bid to additional restrain China’s growth of superior semiconductors, Bloomberg Information stated on Friday.

Citing folks accustomed to the matter, it stated the commerce division’s bureau of business and safety was contemplating including ChangXin to the so-called entity record that restricts entry to U.S. expertise, together with 5 extra Chinese language corporations.

The division, and the bureau didn’t instantly reply to Reuters’ requests for remark.

ChangXin Reminiscence Applied sciences stated it “focuses on producing commodity DRAM reminiscence chips for on a regular basis shopper merchandise, with a selected concentrate on civilian and business purposes.”

The corporate complies with U.S export laws, it stated in an announcement despatched to Reuters on Sunday.

Reuters has reported that america moved final yr to disclaim American imports to a serious SMIC plant after it produced the chip powering Huawei’s Mate 60 Professional telephone.

The efforts halted thousands and thousands of {dollars} price of shipments of chipmaking supplies and elements from a minimum of one provider, Entegris (NASDAQ:).

America has moved aggressively in current months to halt shipments to China of extra superior AI chips, in its efforts to cease Beijing receiving cutting-edge U.S. applied sciences that would strengthen its army.

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